The peril of investing $400,000 with an unknown car dealer

Quick Summary:

The investor was accused of being a loan shark when he filed a lawsuit to recover his money.

Two car owners complained about being owed around $400,000 in all for selling their luxury cars to 360 VR Cars.

There is no surer way of being taken for a ride than getting entangled with a dodgy car dealer, especially when about $400,000 is at stake.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Subscriber-only Months Stories First Access Being $400 99/month Cars Dealer Unlimited

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-28 @ 05:00:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 178 words

Reading Time: 1 minutes read

Sentences: 11 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21796737

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 5 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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